PM Modi’s interaction with five top US-based CEO’s to mark a new era for the Indian economy - Tech2Sports
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PM Modi’s interaction with five top US-based CEO’s to mark a new era for the Indian economy

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PM Modi’s interaction with five top US-based CEO’s to mark a new era for the Indian economy
via PTI

During the time of writing, Prime Minister Narendra Modi’s high-profile meeting with the top five American CEOs will begin shortly. And the Indian prime minister has already arrived in Washington for this high-profile meet that will further strengthen the economic opportunities in India.

As announced earlier, two of the CEOs are Indian Americans — Shantanu Narayen from Adobe and Vivek Lall from General Atomics. The other three being  Cristiano E Amon from Qualcomm, Mark Widmar from First Solar, and Stephen A Schwarzman from Blackstone.

“Landed in Washington DC. Over the next two days, we will be meeting President Joe Biden, Vice President Kamala Harris, Prime Ministers Scott Morrison from Australia, and Yoshihide Suga from Japan. Will attend the Quad meeting and would also interact with leading CEOs to highlight economic opportunities in India.”

Prime Minister has earlier stated that this meeting of his with the American CEOs from five different key areas is reflective of the priorities of his government. Modi’s meeting with Narayen is targeted towards IT and digital priority that the Indian government is pushing for, and with Lall, as it’s evident from General Atomics who is not only the pioneer in military drone technologies but also the world’s top manufacturer of state-of-the-art military drones, which the US shares only with its key allies and partners. India plans to further its military strength by cracking a deal with General Atomics.

The country is already in process of procuring a significant number of drones for all three branches of its armed forces and has also leased a few drones from General Atomics.

Next up is the prime minister meeting with chip giant Cristiano Amon and this is extremely important given the country’s current push for the 5G technology to be safe and secure.

As we know, the San Diego-based Qualcomm is the world’s largest manufacturer of semiconductors and also is a top dog in terms of, software and services related to wireless technology.

Qualcomm is a world leader in 3G, 4G, and next-generation wireless technology innovations for more than 30 years, and is now pioneering its way to 5G with a new era of intelligent products that are revolutionizing industries, including automotive, computing, and IoT. The country is currently targeting a major investment from Qualcomm.

The next meet is related to the fact that the country is taking some gigantic steps in the use of solar power to meet its energy needs, and with Mark Widmar, Modi’s meeting with the CEO of First Solar is of great significance as it is a leading global provider of comprehensive photovoltaic (“PV”) solar solutions, which use its advanced module and system technology.

Next up is Stephen A. Schwarzman is Chairman, CEO, and Co-Founder of Blackstone, one of the world’s leading investment firms investing capital on behalf of pension funds, large institutions, and individuals. Recently in March, the company announced that funds managed by Blackstone Real Estate have acquired Embassy Industrial Parks from Warburg Pincus and Embassy Group, one of India’s largest logistics transactions.

If the meeting of Prime Minister Modi with all these five high-profile CEOs goes as planned, then INDIA’s dream of establishing itself as a new global super-power might not be just a dream anymore.

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